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February 2017

You may consider a sole-director proprietary company structure when starting or growing your business. A company is a separate legal entity, unlike a sole trader or a partnership structure. This means the company has the same rights as a natural person and can incur debt, sue and be sued. The company’s owners (the shareholders) can limit their personal liability and

Many clients find it difficult to understand the concept of a discretionary family trust and the relationship with the trustee of that trust, especially when the trustee can be a company for asset protection reasons. In Australia, a discretionary family trust is a common structure to run a business out of because it offers many taxation advantages, for example: the